Income Statement
Balance Sheet
Cash Flow
| Line Item | FY 2024Dec 31, 2024 | FY 2023Dec 31, 2023 | FY 2022Dec 31, 2022 | FY 2021Dec 31, 2021 | FY 2020Dec 31, 2020 |
|---|---|---|---|---|---|
| Revenue | 632.0M | 558.0M | 780.0M | 1.1B | 929.0M |
| Revenue Growth % | 13.3% | -28.5% | -28.4% | 17.2% | -- |
| Total Revenue | 632.0M | 558.0M | 781.0M | 1.1B | 929.0M |
| Cost Of Revenue | 582.0M | 522.0M | 748.0M | 934.0M | 808.0M |
| Gross Profit | 50.0M | 36.0M | 32.0M | 155.0M | 121.0M |
| Gross Margin % | 7.9% | 6.5% | 4.1% | 14.2% | 13.0% |
| Total Operating Cost | 705.0M | 666.0M | 956.0M | 1.1B | 1.0B |
| Selling Expenses | 18.4M | 21.4M | 23.9M | 27.8M | 40.0M |
| Admin Expenses | 35.0M | 44.1M | 48.2M | 48.6M | 59.3M |
| Rd Expenses | 9.0M | 9.1M | 13.1M | 10.6M | 22.0M |
| Finance Expenses | 27.4M | 24.5M | 24.8M | 30.5M | 36.8M |
| Operating Income | -65.5M | -105.0M | -151.0M | 7.7M | -86.1M |
| Operating Margin % | -10.4% | -18.8% | -19.4% | 0.7% | -9.3% |
| Non Operating Income | 10.1M | 12.6M | 1.3M | 1.0M | 12.8M |
| Non Operating Expenses | 244,500 | 1.6M | 2.3M | 624,500 | 1.8M |
| Investment Income | -962,800 | -689,100 | 18.7M | -4.1M | -5.0M |
| Fair Value Change Income | -- | -- | -- | -- | -235,100 |
| Asset Disposal Income | 365,600 | 31,400 | 29,400 | 4,900 | 348,000 |
| Asset Impairment Loss | 22.5M | 14.0M | 24.8M | 659,900 | 28.8M |
| Other Income | 8.3M | 3.4M | 4.8M | 7.2M | 5.2M |
| Income Before Tax | -55.6M | -94.2M | -152.0M | 8.0M | -75.1M |
| Income Tax | -5.8M | 6.1M | -33.4M | -7.4M | -13.5M |
| Net Income | -49.8M | -100.0M | -119.0M | 15.4M | -61.6M |
| Net Margin % | -7.9% | -17.9% | -15.3% | 1.4% | -6.6% |
| Net Income Attributable | -49.8M | -100.0M | -119.0M | 11.9M | -60.7M |
| Minority Interest | 20,100 | -74,300 | 27,300 | 3.5M | -856,000 |
| Eps Basic | -0.18 | -0.35 | -0.41 | 0.04 | -0.27 |
| Eps Diluted | -0.18 | -0.35 | -0.41 | 0.04 | -0.27 |
| Line Item | FY 2024Dec 31, 2024 | FY 2023Dec 31, 2023 | FY 2022Dec 31, 2022 | FY 2021Dec 31, 2021 | FY 2020Dec 31, 2020 |
|---|---|---|---|---|---|
| Cash And Equivalents | 54.1M | 162.0M | 212.0M | 194.0M | 190.0M |
| Trading Financial Assets | -- | -- | -- | -- | 32.1M |
| Accounts Receivable | 300.0M | 293.0M | 327.0M | 387.0M | 430.0M |
| Notes Receivable | 71.9M | 96.9M | 143.0M | 164.0M | 77.5M |
| Notes And Accounts Receivable | 372.0M | 390.0M | 469.0M | 551.0M | 508.0M |
| Prepayments | 21.8M | 22.9M | 25.9M | 63.9M | 27.4M |
| Inventory | 132.0M | 178.0M | 191.0M | 211.0M | 198.0M |
| Total Current Assets | 614.0M | 794.0M | 945.0M | 1.1B | 1.1B |
| Long Term Equity Investment | 1.1M | -- | -- | -- | 872,800 |
| Fixed Assets | -- | 285.0M | 311.0M | 343.0M | 351.0M |
| Fixed Assets Total | 256.0M | 285.0M | 311.0M | 343.0M | 351.0M |
| Construction In Progress | -- | 27.3M | 21.6M | 4.5M | 5.0M |
| Construction In Progress Total | 16.0M | 27.4M | 23.9M | 4.8M | 5.3M |
| Intangible Assets | 67.5M | 69.6M | 76.1M | 91.6M | 84.5M |
| Long Term Deferred Expenses | 1.8M | 1.4M | 1.0M | -- | -- |
| Total Non Current Assets | 437.0M | 473.0M | 532.0M | 546.0M | 481.0M |
| Total Assets | 1.1B | 1.3B | 1.5B | 1.6B | 1.5B |
| Short Term Borrowings | 449.0M | 560.0M | 554.0M | 523.0M | 494.0M |
| Accounts Payable | 80.0M | 88.9M | 96.9M | 102.0M | 94.1M |
| Advance Receipts | -- | -- | -- | -- | -- |
| Contract Liabilities | 4.8M | 7.2M | 12.6M | 10.0M | 9.8M |
| Total Current Liabilities | 570.0M | 725.0M | 800.0M | 821.0M | 754.0M |
| Long Term Borrowings | 800,000 | -- | 1.4M | 200,000 | -- |
| Total Non Current Liabilities | 19.9M | 21.9M | 25.7M | 30.5M | 29.0M |
| Total Liabilities | 590.0M | 747.0M | 826.0M | 851.0M | 783.0M |
| Paid In Capital | 284.0M | 284.0M | 289.0M | 222.0M | 222.0M |
| Capital Reserve | 333.0M | 334.0M | 360.0M | 426.0M | 426.0M |
| Surplus Reserve | 38.4M | 38.4M | 38.4M | 38.4M | 36.9M |
| Retained Earnings | -199.0M | -149.0M | -48.6M | 76.9M | 66.4M |
| Minority Equity | 12.7M | 12.2M | 12.3M | 23.8M | 6.3M |
| Equity Attributable | 448.0M | 508.0M | 639.0M | 766.0M | 755.0M |
| Total Equity | 460.0M | 520.0M | 652.0M | 790.0M | 761.0M |
| Line Item | FY 2024Dec 31, 2024 | FY 2023Dec 31, 2023 | FY 2022Dec 31, 2022 | FY 2021Dec 31, 2021 | FY 2020Dec 31, 2020 |
|---|---|---|---|---|---|
| Cash From Sales | 691.0M | 593.0M | 884.0M | 1.2B | 1.0B |
| Tax Refunds Received | 3.6M | 4.9M | 14.0M | 2,600 | 12,000 |
| Total Operating Cash Inflow | 732.0M | 689.0M | 908.0M | 1.2B | 1.1B |
| Cash Paid For Goods | 611.0M | 585.0M | 845.0M | 1.0B | 958.0M |
| Cash Paid To Employees | 46.4M | 47.9M | 56.8M | 58.2M | 48.2M |
| Taxes Paid | 11.4M | 13.5M | 28.9M | 30.1M | 29.0M |
| Total Operating Cash Outflow | 701.0M | 679.0M | 1.0B | 1.2B | 1.1B |
| Operating Cash Flow | 31.2M | 10.5M | -97.8M | 18.0M | -20.8M |
| Total Investing Cash Inflow | 14.7M | 16.4M | 58.5M | 24.7M | 79.3M |
| Total Investing Cash Outflow | 17.1M | 55.0M | 25.1M | 78.2M | 88.1M |
| Investing Cash Flow | -2.4M | -38.5M | 33.4M | -53.4M | -8.8M |
| Cash From Borrowings | 564.0M | 586.0M | 584.0M | 578.0M | 548.0M |
| Dividends And Interest Paid | 26.6M | 27.3M | 33.7M | 31.8M | 36.1M |
| Debt Repayments | 628.0M | 509.0M | 502.0M | 536.0M | 547.0M |
| Total Financing Cash Inflow | 565.0M | 586.0M | 584.0M | 583.0M | 548.0M |
| Total Financing Cash Outflow | 669.0M | 541.0M | 541.0M | 574.0M | 584.0M |
| Financing Cash Flow | -104.0M | 45.1M | 43.0M | 8.4M | -36.4M |
| Net Change In Cash | -74.4M | 17.2M | -20.7M | -27.7M | -70.5M |
| Ending Cash Balance | 53.0M | 127.0M | 110.0M | 131.0M | 159.0M |
| Capex | 12.1M | 26.0M | 24.1M | 22.8M | 11.1M |